Quilvest’s Parker Sees a Further Increase in Pound Volatility

The transcript discusses the high probability of UK Parliament voting against a no-deal Brexit and extending Brexit beyond the 29th. This provides some certainty to investors, but many uncertainties remain, such as the possibility of a second referendum and the length of the extension. Sterling volatility is expected to increase, with risks if a no-deal Brexit occurs. The EU may require credible justification for any extension, and future negotiations remain uncertain.

What is the expected outcome of the UK Parliament's vote regarding a no-deal Brexit?

• A decision to hold a general election

• A low probability of any decision

• A high probability of voting against a no-deal Brexit

• A high probability of voting for a no-deal Brexit

What is one of the certainties mentioned that supports the current state of sterling?

• A decrease in interest rates

• A new trade deal with the US

• The UK Parliament voting to extend Brexit

• The UK leaving the EU without a deal

What is a potential consequence of the Brexit extension mentioned in the second section?

• A reduction in sterling volatility

• A new trade agreement with the EU

• A second referendum

• Immediate economic stability

What is a risk if the UK votes for a no-deal Brexit?

• A new referendum

• Immediate economic growth

• A significant drop in sterling value

• Increased trade with the EU

What is a concern regarding the extension of Brexit as discussed in the final section?

• The extension resulting in a new trade deal

• The extension not being credibly justified to the EU

• The extension being too long

• The extension leading to immediate economic stability